Credit Crisis — Bailout Plan (TARP)

Chronology of Coverage

Oct. 24, 2014

Editorial underscores folly of suit by Maurice Greenberg, former American International Group chief executive, against the United States for government's treatment of AIG in its bailout; points out Greenberg's assertion that his company was victimized obscures fact that the undisputed and largely uncompensated victim of how the bailouts were executed is the American public. MORE

Oct. 20, 2014

Steven Rattner Op-Ed article criticizes meritless litigation brought against government entities like that of Maurice R Greenberg, former chief executive of American International Group, over terms of its 2008 financial bailout; contends government is on a strong legal and moral ground to deny these opportunists the undeserved windfall they are after. MORE

Sep. 29, 2014

Editorial by Noam Scheiber, senior editor at The New Republic, examines case of Starr International Co Inc v United States, challenging government's 2008 bailout of AIG on constitutional grounds; argues that while case is far-fetched on its merits, it could serve to heal the long-festering wound of controversy surrounding sweetheart deal that banks like Goldman Sachs received during bailout. MORE

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Multimedia

John Harwood of CNBC and The New York Times spoke with Representative Chris Van Hollen, Democrat of Maryland and chairman of the Democratic Congressional Campaign Committee, on President Obama's approach to financial reform.

House Speaker Nancy Pelosi talked to John Harwood of the New York Times and CNBC about working with President Obama, the government efforts to revive the economy and the use of harsh interrogation techniques.